Old Movie Posters
Old movie posters are one-sheets
that were folded and other posters (some
of which may have been unfolded) that were printed in addition
to the one-sheet but are no longer used today: window card,
insert, half-sheet, 2-sheet, 3-sheet and 6-sheet. Before
the late 1970s and early to mid 1980s, one-sheets issued to theaters
were folded. After the late 1970s and early to mid 1980s, almost
all one-sheets are unfolded.
Classic movie posters are posters
for old movies such as The Mummy, Frankenstein,
The Wizard of Oz, Gone with The Wind, Casablanca,
Citizen Kane, Breakfast at Tiffany's, Rio
Grande, Alfred Hitchcock's The Birds, Dr. No
that have enduring popularity. Contemporary classic
movie posters are posters for movies such as
The Godfather, the Star Wars trilogy, American
Graffiti, Jaws, Raging Bull, Goodfellas,
Pulp Fiction, Platoon that continue to be popular
but have not been on the scene long enough to be considered as
having enduring popularity.
Limited Number of Old Movie Posters
Unless there is a reprint or reproduction of a poster of a classic
movie, the only posters that exist today are original
posters printed at the time of theatrical release.
If the original printing(s) is all that there is, how many
posters for a particular title, type and style could there be
potentially available for sale? In order to determine
that, a couple of figures would be required: (1) the number of
posters printed of the same title, type and style and (2) the
number that have been thrown away or destroyed.
Unfortunately, there are no public sources that we can use
to find the number of posters printed. Unlike other collectibles,
such as coins and stamps, the number of which were minted and
printed is in the public record, old posters were printed by
private companies whose records are not public. The best we can
do now is estimate (or guess at) the number printed by how widely
the movie was released. (In other words, if the film was shown
in many theaters, it's likely more posters were printed than
for a film which was shown in a small number of theaters.)
How many have been thrown away or destroyed? This may be even
more difficult to assess because posters were widely distributed
to local theaters. Like the total number printed, I'm not aware
of any public source to which we can turn providing in detail
the number thrown away by theaters and theater exchanges after
use or because they were damaged to point the point that they
were no longer usable, as well as the number that have been thrown
away or destroyed between now and then.
Given these unknowns, determining the true number
of posters potentially available for sale may be impossible,
as there could be caches of posters in storage or presumedly
lost that could surface at any time.
Note: Does limited number of old movie posters mean
they are scarce? Scarcity implies that (1)
the demand for an item exceeds supply (number
of items actually made available for sale)
and (2) this pattern has been observed over a period of time.
Posters deemed to be scarce often sell for more than those deemed
to be in adequate supply. Some infer the scarcity of a poster
from an analysis of its market activity over a period of time,
but an inference based upon activity in the past may not predict
the future. For example, a poster considered to be scarce now
could be considered the opposite in the future if there is an
increase in supply that meets or exceeds demand or a dramatic
decrease in demand. (An item, even limited in supply, is not
scarce if there is no demand for it.) Conversely,
a poster now considered to be plentiful in supply could be considered
scarce in the future if there are significant changes in demand
and/or supply.
Authenticity of Old Movie Posters
When collectors pay hundreds and sometimes thousands of dollars
for old posters it's not usual for there to be nagging doubts
about the authenticity of the posters. An often complaint heard
in collector's circles is that a seller misrepresented a reprinted or reproduction
poster as an "authentic" or "original" poster.
In addition to the question of authenticity, there may
be an issue about grading that may haunt a collector
who suspects that she may have paid more for a poster than what
it's "really worth" given its condition.
Condition and Grading of Old Posters
The condition of old posters can vary considerably. Almost
all were folded and suffer to some degree from deterioration
common to documents and art printed on paper with acid content,
wear and tear from use in theaters and long-term storage. Posters
on the market can range from copies that are pristine (unused
and appear to be in almost the same condition as when they were
originally printed) to posters that are severely degraded. Examples
are listed below along with possible causes:
- paper that has turned yellow or brown from aging [from deterioration]
- colors that have faded [from use in theaters or deterioration]
- paper that is brittle and falling apart [from deterioration]
- chipping or flaking of the paper [from deterioration]
- separations along the horizontal and vertical folds [from
use in theaters or deterioration]
- rips, tears, small holes, large holes and missing pieces
of paper [from use in theaters]
- spots, stains or smudges [from use in theaters or improper
storage]
- soiling [from use in theaters or improper storage]
- tape repairs, stains caused by tape residue [from use in
theaters]
- warping and creasing [from use in theaters, deterioration
or improper storage]
- extra folds [from use in theaters or manufacturing defect]
- marks made by pencils, pens, crayons, indelible markers [from
use in theaters]
- writing on the paper [from use in theaters]
- censor stamps or labels [from use in theaters]
Posters that are in pristine (no observable deficiencies)
to excellent condition (small number of deficiencies) tend to
be more desirable than copies which are severely degraded or
have a large number of deficiencies. I say "tend to be"
because if there are only a few known copies of a poster and
they are all degraded then any copy of the poster might be desirable
regardless of the number deficiencies. (For reference, here's
an example of old movie poster that appears to be in almost the
same condition as it was when originally printed : The
Cowboy.)
In lieu of listing all of a poster's deficiencies in detail,
some sellers assign a grade to a poster based upon its
overall condition. The overall condition (or grade)
of the poster is expressed by reference to an ordinal scale that
has some or all of the following categories: mint (M),
near-mint (NM), excellent (EX), very fine
(VF), fine (F), very good (VG), good
(G), fair (F) or poor (P) condition. Other
sellers may use letters (such as A to D or A to F) or numbers
(such as 1 to 5 or 1 to 10) to represent the overall condition
of a poster.
Buying an Old Poster
When buying an old poster, I consider its condition important
for several reasons.
- The better the condition the better it will look
when displayed.
- Estimating a "fair" or "reasonable"
price for the poster. I would expect to pay more for
a poster in pristine condition than I would for a poster that
is moderately to severely degraded.
A significant proportion of the old posters on the market
today are being sold by mail order. When buying by mail order,
assessing the condition of the poster can be difficult for a
number of reasons.
- I'm unable to personally inspect it. I have
to take the seller's word about the condition of the poster.
- A seller apparently uses a grading scale but does
not publish the defining characteristics and/or list of deficiencies
associated with each of the categories of the scale.
If I'm considering a poster listed, for example, in "fine"
condition, how would I know what the condition of the poster
is if the seller has not published the characteristics and deficiencies
associated with this category?
- Categories of a grading scale that are defined by
a list of deficiencies a poster must have along with list
of deficiencies it could have. A poster graded
as "fine," for example, will have the requisite deficiencies
but could have more [optional] deficiencies and still be considered
as "fine."
- A poster's condition is described as spanning more
than one grade. If a poster is advertised, for example,
in "fine to near mint condition," does this mean that
the seller has more than one poster in stock and the poster I
receive could be in "fine," "very fine,"
"excellent" or "near mint" condition? Or
the next category after "fine" in the seller's grading
scale is "near mint" and the poster is on the borderline
between "fine" and "near mint"?
- A poster has been mounted on fabric. With
the practice of mounting (see below) popular among some collectors
and sellers of old movie posters, old posters available on the
market today may be mounted on fabric. If a poster has been mounted
on fabric it's possible that in addition to mounting it has also
been repaired. The condition of the poster prior to mounting
may not be fully disclosed, with the poster's condition being
described as it is presently in "mounted" condition.
For example, a poster may be tersely described as "in excellent
condition on linen" or "EX condition LB." What
does this mean: a poster that was "in excellent condition
before mounting" or the mounted poster now "appears
comparable to an unmounted poster in excellent condition even
though it may have been heavily repaired"?
Note: A high resolution picture(s) of a poster may be helpful
in determining its condition but I would not consider it a substitute
for a detailed description of a poster's deficiencies.
It's not usual for some collectors to have posters which have
significant wear, tear and deterioration mounted on fabric and
repaired before displaying or selling them. The process of mounting
a poster on fabric is often referred to as "linen backing"
(often abbreviated as "LB") by those who offer the
service, even though the fabric used for mounting might not be
actual "linen" made from the fibers of the flax plant
but from another plant. Other collectors routinely use fabric
mounting regardless of the condition of the poster to reduce
the visibility of fold lines of one-sheets or to join the panels
or sections together of very large posters such as 3
sheets (41" x 81") and 6 sheets (81" x 81").
Those who "linen back" posters often claim that
it's a "reversible" process (unlike dry
mounting) and that if a poster is mounted on fabric that
it may help to "preserve" or prolong the life of a
poster. Without knowing the type of materials that may have been
(or could be) used in the process, I doubt that it would be possible
to predict what kind of long-term effect (either positive or
negative) fabric mounting might have on a particular old poster.
If buying a poster mounted on fabric, I would ask the seller
for an invoice from the conservator (or individual who "linen
backed" the poster) detailing all of the work performed
on the poster along with a detailed list of all the materials
used in the process. If having a poster mounted, I would ask
the conservator to provide a list of all the materials they intend
to use before contracting with them for their services. If having
a poster mounted with the intention of selling it, in addition
to the above, I would take high resolution pictures of the poster
before and after mounting and provide these pictures to the buyer
along with a copy of the conservator's invoice listing in detail
all of the materials used in the process.
(The American Institute for Conservation's "Caring
for Works of Art on Paper" and the Northeast Document
Conservation Center's "What
is Paper Preservation" would be a good starting point
in learning about the conservation of posters and prints.)
Old Posters Printed on Coated Paper
When studios began to print a portion of posters on coated
paper, printers, just like all the posters they had done before
and the ones they were still printing on uncoated stock, mechanically
folded them before they were shipped out to the poster exchanges
and NSS warehouses for distribution. The folding process can
be more detrimental to coated posters compared to older posters
that were printed on uncoated paper. On some coated posters the
folding process can actually break the fibers on the surface
and expose the white fibers underneath making fold lines very
pronounced, especially if the poster has a dark background (click
on the following link to see a folded movie
poster on coated stock). Some collectors attempt to minimize
the appearance of fold lines on posters printed on both coated
and uncoated paper by having them mounted and then having the
folds "touched up" or covered over with paint or ink,
but this can be an expensive process to make a folded poster
"appear" as if it had never been folded.
Classic Movie Posters are often Expensive
It's not usual for collectors to pay hundreds (and for some
titles thousands) of dollars for original movie posters
of classic movies such as Audrey Hepburn's Breakfast at Tiffany's,
Gone With the Wind, Casablanca, Alfred
Hitchcock's Psycho, Sean Connery's James Bond movies, classic
1950s Sci-fi such as The Attack of the 50ft Woman and
Godzilla, Universal Studios movie monsters such as Frankenstein
and The Mummy, Marilyn Monroe's movies. Although contemporary
movie posters are generally moderately priced, posters for contemporary
classics can be relatively expensive. For example, it's not usual
for an original Star Wars Style A movie poster or Clint
Eastwood's The Outlaw Josey Wales movie poster to sell
for well over a $100.
Please note: The links above to the Star Wars and
The Outlaw Josey Wales movie posters show rolled reprints. The artwork is the same but
it's likely that most of the original posters were folded after
they were printed and will show fold lines when displayed. Evidence
of folds is not always a guarantee that an old poster is original,
as there is nothing to prevent someone from hand folding a reprinted
poster (see Machine Folded Movie Posters).
The most expensive classic posters are one-sheets
from the first or original release of classic movies. One-sheets
of re-releases of
classic movies and of first release B-list movies (unless the
film is a cult classic, Hammer Studios horror, a Hammer Studios
movie monster or B-list Westerns featuring Roy Rogers, Gene Autry,
William Boyd as Hopalong Cassidy, Randolf Scott, Audy Murphy,
John Wayne or Buck Jones) are generally less expensive. There
are a few exceptions, though. The re-release poster for The
Asphalt Jungle may sell for more than the first release
because Marilyn Monroe was not featured on the poster. When she
became a "star" the movie was released again with her
image featured prominently on the poster.
Value of Old Movie Posters
I receive many inquiries from people asking about the "value"
of a particular old poster. For any old or contemporary movie
poster its value can only be determined by referring to its subjective
value. In other words, the aesthetic value placed on
it as a work of art, and/or the historical value placed
on it as an artifact of culture, and/or the emotional
value placed on it as a collectible or memento, and/or the monetary
value placed on it determined by the amount money we are willing
to pay for it, or if selling, the amount of money that a buyer
offers for it.
Estimating the Value of a Poster
When asking about the value of poster, I suspect that people
usually mean the monetary value. "If I sell the
poster, how much [money] can I get [expect to be offered] for
it?"
The conventional method of estimating the monetary
value of a poster is to lookup in buyer's guides, poster price
guides and electronic databases the prices or prices at which
a poster of the same title, type, style, year of release and
grade has sold previously or to lookup the current (selling)
price or prices of a poster of the same title, type, style, year
of release and grade for sale by individual sellers, part-time
dealers, movie poster stores and galleries.
This method of estimating the value of a poster, however,
does not guarantee that
- there is a buyer(s) ready and willing to pay a listed
price for a poster (or if there are multiple listings
for a poster of the same title, type, style, year of release
and grade that there is a buyer(s) willing to pay any
of the listed prices).
- the reported (or advertised) grade
of a poster accurately reflects the actual condition of the poster
transferred (or will be transferred) to the buyer.
- a buyer was satisfied with the price he or she paid.
(In other words, if he could do the transaction all over again,
would he pay as much as, more or less than he did previously?)
A poster could actually be worth more if it's in better condition
than any of the posters of the same type, style, year of release
and grade that were previously sold or are currently on the market.
If the poster turns out to be of lower quality than any of the
posters previously sold or on the market today it could be worth
less. If the poster is determined to be a reprint
or reproduction it could be
worth considerably less.
If the market for a particular poster is saturated (i.e.,
all of the buyers who are willing to pay a certain price have
already purchased a poster) then it may only be worth a fraction
of the price for which the poster has previously sold.
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